TPK projects dismal revenueSEEKING ALTERNATIVES: The firm faces mounting risk of weakening revenue due to the effects of its slow season, which are usually very severe, CEO Leo Hsieh saidBy Lisa Wang / Staff reporterTouch module and sensor supplier TPK Holding Co (宸鴻) yesterday gave a dismal revenue outlook for this quarter due to order losses. Revenue is forecast to slump between 20 and 25 percent from NT$32.85 billion (US$1.14 billion) last quarter, TPK chief strategic officer Freddie Liu (劉詩亮) told investors in a teleconference. As a result, TPK expects a continuous decline in revenue from the smartphone segment in the short to medium term, he said. The smartphone segment is the second-largest revenue source for TPK, making up 34 percent of its total revenue last quarter, a company financial statement showed. Regular-sized tablets contributed 20 percent to TPK’s revenue last quarter, while notebook computers and larger tablets made up the biggest revenue share of 41 percent, the financial statement showed.

Source: Taipei Times November 05, 2020 15:56 UTC